umm, I think you may be underestimating the impact of hyperinflation on a society ...... slightly

Dollar vs Disinflation

The reason central bankers tighten monetary policy is to keep inflation under control - runaway inflation is the big boogieman hiding under their beds, it is one thing that can devastate any economy. If the fed keeps interest rates too low for too ...

Dollar vs Disinflation

Every economic indicator affects, and is affected by, every other indicator either directly or indirectly - I wouldn't even know where to start, the relationships are almost infinite and always changing. Find an intro economics website and start ...

Do you know the relationship among the economic events?

IMO, only the most fiercely independent of minds will survive and navigate the rivers of bullshit flowing through this place, everything else will eventually get washed back into the sea. There are a handful of analysts I have huge respect for, and ...

Position Trading - F it, lets start a thread

Hanovers overall approach to trading and fundamentals is almost identical to mine (although I put more emphasis on economic indicators than him)..... list the currencies you are fundamentally bullish on, list the ones you are fundamentally bearish ...

Position Trading - F it, lets start a thread

You need to get professional advice, not from a forum. Contact one of the big four financial services companies or a good finance lawyer - and don't forget that money management laws can quickly be changed. If you set up shop in another country ...

Money Manager License (for PAMM and MAM systems)

In this scenario you are selling USD twice, so if USD makes a big move against you both trades will lose together. So if you are risking, say 2% on every trade, your risk here on the US dollar is effectively 4%. That's what you will lose if the ...

Positions and Correlation

Right. Craps and roulette have both been beaten btw, but only by manipulating the physics of the game -- not by manipulating the mathematics. Only an idiot would think you can bend the math. (No offense intended to the idiots participating in this ...

What are similarities between trading and gambling?

I actually made decent money playing poker before I started trading. But I never played against a casino - that would be stupid, I played against people who didn't understand the underlying mathematics of the game as well as I did. There is a big ...

What are similarities between trading and gambling?

I can't speak for nubcake, but I was referring specifically to you. If you believe it is mathematically possible to beat a casino, at a game the casino offers, you won't succeed in trading. While trading (unlike casino games) is mathematically ...

What are similarities between trading and gambling?

Don't trade with money you can't afford to lose --- you are never going to win.

What are similarities between trading and gambling?

I never said COT data is predictive, or exploitable, or even useful - I simply suggested that its correlation with currency moves is further evidence of non-randomness in forex.

Technical Analysis alone will not give you an edge

Well, off the top of my head I maybe know of one you didn't mention ..... the fact that major shifts in COT positioning almost always coincide with major moves in currencies, especially when COT is pulling back from extremes. It's not as easily ...

Technical Analysis alone will not give you an edge

Anyone who disagrees with, or doesn't understand this post, will never be a successful trader IMO. There is really only one way to profit in this game - that is to find and exploit factors which cause price to deviate from randomness. (Although ...

Technical Analysis alone will not give you an edge

yeah, at times. This year has been kind of tricky for fundamental trading, the last 6 months I seem to be always positioning myself for a move which never really comes. I have squeezed out a profit over that period but only about half of what I ...

Position Trading - F it, lets start a thread

yeah, Jarratt Davis and the 'Piponomics' blog at Babypips are the only ones I always make sure to read .... if anyone thinks they know of a better one for fundamentals I'm all ears ... url url

What's the most important activity in your trading business?

My weekend analysis and preparation for the coming week .... analyzing each currency and deciding whether to buy, sell or avoid it for the week .... probably 90 - 95% of my 'trading time' is spent on this .... during the week I only trade for 5 - 10 ...

What's the most important activity in your trading business?

so long kong tshh video

What kind of music you hear while you trade?

Good to see old school rock still getting some love in here .... video

What kind of music you hear while you trade?

True. I don't really try to trade what I perceive to be mispricings in the present price - I don't know if such market inefficiencies exist and if they do, accurately finding and trading them is far beyond my abilities. I simply follow longer term ...

Position Trading - F it, lets start a thread